PolyMarket raises $600 million, with 20 projects raising $809.7 million.

This week, 20 blockchain startups raised a total of $809.7 million. The largest funding round this week saw Polymarket raise $600 million from the Intercontinental Exchange (ICE). Polymarket is a decentralized information marketplace platform where users can trade on highly controversial topics and build portfolios based on their predictions. By allowing users to buy “shares” in the marketplace, Polymarket provides actionable insights based on traders’ views of future events, making it a leading, unbiased, and real-time data source. However, due to regulatory restrictions, the platform is currently unable to operate in the United States, leaving room for other platforms to grow. Verse8 Raises $5 Million in Seed Funding from Neowiz, Story Protocol, Nexpace, Nexus, and MARBLEX Corp. Verse8 is a Web3 platform dedicated to redefining digital interaction through immersive, tokenized experiences. It blends social networking, gamification mechanics, and blockchain-based ownership, enabling users to create, participate in, and monetize content in a decentralized environment. By leveraging on-chain identity and interactive virtual spaces, Verse8 aims to connect entertainment with the digital economy, empowering communities with genuine asset ownership and a participatory ecosystem. Megapot raised $5 million in its pre-seed funding round from Dragonfly Capital, Coinbase Ventures, Bankless Ventures, Josh Hannah, and Nigel Eccles. Megapot is a decentralized lottery platform built on the Base blockchain, offering daily massive jackpots. Liquidity providers can participate as "bookmakers" and earn rewards. The platform aims to become the world's largest lottery system by providing users with a more favorable probability of winning, while allowing developers to build on an immutable, open prize pool. Unlike traditional lotteries that take a cut from the prize pool, Megapot does not charge fees and uses blockchain technology to ensure transparency and fairness. Furthermore, users can benefit from staking rewards from the prize pool funds, thereby increasing the overall value. Kairos Swap raised $2.4 million in its seed round from 6th Man Ventures (6MV), Lattice Fund, Advancit Capital, and Compa Capital. Kairos is an on-chain interest rate swap and prediction market protocol built on Ethereum, enabling users to trade fixed and floating rate exposures across various benchmarks such as lending yields and staking yields. It combines AMM-based liquidity with curated vaults to provide deep aggregated liquidity and efficient execution. With its oracle-agnostic design and ERC-721 tokenized positions, Kairos provides composable fixed-income infrastructure, allowing users to hedge, speculate, and build permissionless interest rate markets in DeFi. Payy raised $6 million in seed funding from FirstMark, DBA, and Robot Ventures. Payy is a privacy-focused stablecoin platform that uses zero-knowledge technology to enable privacy transactions by default. It offers self-custodied wallets and Visa cards, allowing users to seamlessly use USDC while maintaining the privacy of on-chain activities. Payy is also building the Payy Network—an Ethereum Layer 2 Rollup that hides transaction data (including sender, receiver, and amount) using zero-knowledge proofs. With its wallet already online, network about to launch, and token plans, Payy aims to drive mainstream adoption of privacy-focused stablecoin payments. Eunice AI raised $8 million in seed funding from Moonfire Ventures, Speedinvest, Openspace Ventures, and others. Eunice is an AI-driven due diligence and compliance platform serving the digital asset and private equity markets. It focuses on high-risk decision-making processes, providing evidence-based outputs, configurable risk rules, continuous monitoring, and enterprise-grade governance controls. The platform positions itself as a "responsibility layer" between AI systems and human decision-making, emphasizing traceability, verifiable results, privacy protection, and compliance with standards such as SOC 2 Type II and GDPR. Eureka Labs raised $6.7 million in seed funding from Spark Capital, Collider Ventures, and others. Eureka Labs is an Ethereum block builder developing "programmable blocks," which introduce executable logic into the block building process, rather than treating blocks as passive transaction containers. This approach aims to support advanced on-chain use cases such as in-block credit, deterministic transaction ordering, state-based precomputation, and selective access to off-chain data during execution. The project positions the block builder as a more proactive execution layer within the Ethereum proposer-builder ecosystem, aiming to support more complex DeFi strategies, trading applications, and next-generation smart contract workflows. Tori Finance raised an undisclosed amount in its seed round from Delphi Ventures. Tori Finance is a DeFi protocol focused on optimizing yield strategies through automated vaults and structured financial products. Users can deposit assets and use curated strategies to maximize returns while controlling risk. Through smart contract automation, Tori simplifies complex DeFi operations, making yield acquisition more accessible to both casual and advanced users. The platform emphasizes efficiency, transparency, and composability. PeakAI raised $2 million in seed funding from multiple institutions. PeakAI is an AI-driven platform that combines Web3 analytics and decentralized marketing infrastructure. It transforms blockchain data into actionable insights and enables brands to conduct distributed marketing campaigns with micro-influencers paid in USDC. Through proprietary AI models and the Kindle scoring system, the platform evaluates creator performance based on real engagement and reach. It automates campaign execution, reward distribution, and performance tracking, enabling brands to gain quantifiable influence while allowing creators to monetize efficiently. Other Funding Rounds: Tazapay raised $36 million in Series B funding from Circle Ventures and others. Tazapay is a global cross-border payment infrastructure platform that provides seamless local collection and payment services in over 70 markets. It supports businesses, B2B marketplaces, and fintech companies, covering debit cards, alternative payment methods, virtual accounts, bank transfers, and stablecoins. By bridging fiat and stablecoins, it enables compliant digital settlements in emerging markets. It is currently licensed in Singapore, Canada, and the EU, and is applying for licenses in the US, UAE, Hong Kong, and Australia. XFX raised $17 million in its Series A funding round from Castle Island Ventures and others. XFX is an institutional-grade cross-border settlement platform that supports real-time, transparent flows of fiat and stablecoins. It provides businesses with deep liquidity, global instant settlement, and enterprise-grade audit and reporting tools, and complies with SOC2 and ISO 27001 standards. ForgeX raised funds from Sonic SVM in an acquisition funding round (amount undisclosed). ForgeX is a Web3 SDK that simplifies the building, deployment, and management of blockchain applications, providing APIs, automation tools, and infrastructure support. AtlasOra raised $5 million in a public sale funding round. AtlasOra is a stablecoin settlement protocol built on Base that converts idle prepaid escrow funds into on-chain yields through Aave. Startale Labs raised $50 million from SBI Holdings in a Series A funding round. Startale Labs is a Web3 technology company focused on multi-chain application development, infrastructure construction, and project incubation. Its products include the popular Japanese Astar Network. Watch.fun raised $8.6 million from investors including Crypto.com Capital. Watch.fun is an on-chain platform that combines luxury watch collecting with real-time social entertainment. Ledger raised $50 million. Ledger is a Paris-based company whose hardware wallets are used for offline storage of private keys to crypto assets. Rakkar Digital received funding in an acquisition financing round (undisclosed). Rakkar Digital is a crypto asset custody platform primarily serving institutions in Southeast Asia. IDEX raised funds in an acquisition funding round (undisclosed). IDEX is a decentralized exchange combining a centralized order book and an Automated Market Maker (AMM). Catapult raised funds in a funding round (undisclosed). Catapult is a DeFi platform built on HyperEVM, combining liquidity launches and trading infrastructure. Origins Network raised $8 million. Origins Network is a blockchain infrastructure project that provides a continuously running, modular execution environment for AI agents and autonomous systems, with a focus on verifiable computation and security.